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ML Rural Crafts Laboratory News

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March 29, 2019

Top Longs Based on Momentum

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tickernamecountrysectorPeriodChange
600518KANGMEI PHARMACEUTICAL LTD AChinaHealth Care83.91
000725BOE TECHNOLOGY GROUP LTD AChinaInformation Technology52.63
1030FUTURE LAND DEVELOPMENT HOLDINGS LChinaReal Estate46.43
763ZTE CORP HChinaInformation Technology46.27
1638KAISA GROUP HOLDINGS LTDChinaReal Estate43.75
000858WULIANGYE YIBIN LTD AChinaConsumer Staples43.38
000858WULIANGYE YIBIN LTD AChinaConsumer Staples43.38
1357MEITU INCChinaInformation Technology41.18
600030CITIC SECURITIES LTD AChinaFinancials34.56
600050CHINA UNITED NETWORK COMMUNICATIONChinaCommunication32.91

Top Shorts Based on Momentum

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tickernamecountrysectorPeriodChange
607FULLSHARE HOLDINGS LTDChinaIndustrials-34.78
1316NEXTEER AUTOMOTIVE GROUP LTDChinaConsumer Discretionary-18.00
612CHINA DING YI FENG HOLDINGS LTDChinaFinancials-16.24
1269CHINA FIRST CAPITAL GROUP LTDChinaConsumer Discretionary-15.38
3377SINO-OCEAN GROUP HOLDING LTDChinaReal Estate-10.20
3377SINO-OCEAN GROUP HOLDING LTDChinaReal Estate-10.20
772CHINA LITERATURE LTDChinaCommunication-7.94
1958BAIC MOTOR CORP LTD HChinaConsumer Discretionary-7.69
6808SUN ART RETAIL GROUP LTDChinaConsumer Staples-7.07
813SHIMAO PROPERTY HOLDINGS LTDChinaReal Estate-6.01
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MLIndexnameytd1monthFy1PE
HXCX Index NASDAQ Global MarketGolden Dragon China TR7.891.6416.0
SZSMEC Index Shenzhen Stock ExchangeCHINA SHENZ SM EN CO IDX5.72-0.80-
XIN9I Index FTSEFTSE CHINA A504.77-0.017.1
CHIQ Index Solactive (Structured SolutionSolactive China Consum T4.051.46-
NDELCHF Index MSCIMSCI Daily TR Net China3.971.139.3
MXCNX Index MSCIMSCI CHINA FREE3.960.959.3
M7CN Index MSCIMSCI CHINA NR3.960.979.3
MSEUSCF Index MSCIMSCI China USD3.910.939.2
NDEUCHF Index MSCIMSCI Daily TR Net China3.910.959.3
DJICHK Index Dow JonesDJIM ChinaHK Ind3.642.3113.1
M1CN40 Index MSCIMSCI CHINA 1040 NR3.450.688.5
MXEF Index MSCIMSCI EM3.393.5110.0
STBCCNU Index Standard & Poor'sS&P China BMI TR USD3.330.469.0
HSI21N Index Hang Seng Bank LtdHang Seng China Ente NR3.171.767.0
CHIE Index Solactive (Structured SolutionSolactive China Energy T3.100.29-
MN40CIE Index MSCIMSCI China 10-40 Index D3.040.59-
XIN0I Index FTSEFTSE China 50 Index HKD2.361.266.9
MSCHANL Index MSCIMSCI Daily TR Net China2.35-2.40-
CHII Index Solactive (Structured SolutionSolactive China Industri2.221.72-
CHIMAT Index Solactive (Structured SolutionSolactive China Material2.17-0.96-

Commodities YTD Performance

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NameUnitsKeyLastPriceCurrencyYTDChange USDpct1month
Brent Crude (ICE)USD/bbl.Oil65.75USD30.927.24
Rubber (Tokyo)JPY/kgRubber205.20JPY22.2214.00
Palladium SpotUSD/t oz.Palladium1526.67USD21.6514.52
NickelUSD/MTNickel13155USD19.4319.43
3Mo Zinc (LME)USD/MT3Mo Zinc2751.00USD11.2010.39
Copper (Comex)USd/lb.Copper2.9435000000000002USD10.9111.29
3Mo Tin (LME)USD/MT3Mo Tin21450.00USD10.716.90
Lumber (CME)USD/1000 board feetLumber367.40USD8.579.25
Ethanol (CBOT)USD/gal.Ethanol1.35USD6.305.47
Platinum SpotUSD/t oz.Platinum838.78USD5.711.78
Live Cattle (CME)USd/lb.Live Cattle1.2834999999999999USD4.542.03
SteelUSD/MTSteel480USD3.236.67
Soybean (CBOT)USd/bu.Soybean9.135USD1.84-0.92
Cotton #2 (ICE)USd/lb.Cotton0.7361USD1.461.15
Silver (Comex)USD/t oz.Silver15.13USD1.41-3.81
Rough Rice (CBOT)USD/cwtRough Rice10.63USD1.24-1.48
Gold SpotUSD/t oz.Gold1285.91USD0.99-0.44
Sugar #11 (ICE)USd/lb.Sugar0.1242USD0.16-2.59
Feeder Cattle (CME)USd/lb.Feeder Cattle1.4503USD-0.360.09
Corn (CBOT)USd/bu.Corn3.7475USD-0.79-1.83
3Mo Aluminum (LME)USD/MT3Mo Aluminum1875.00USD-0.951.21
Coffee 'C' (ICE)USd/lb.Coffee0.9915USD-2.98-5.16
Oats (CBOT)USd/bu.Oats2.6375USD-4.35-7.86
Canola (ICE)CAD/MTCanola460.80CAD-4.69-4.81
Lean Hogs (CME)USd/lb.Lean Hogs0.5733USD-4.93-10.11
Cocoa (ICE)USD/MTCocoa2150.00USD-7.13-8.35
Cocking CoalCNY/MTCocking Coal1278.5CNY-8.74-10.15
Orange Juice (ICE)USd/lb.Orange Juice1.161USD-9.26-7.19
Wheat (CBOT)USd/bu.Wheat4.54USD-12.10-12.40
Natural Gas (Nymex)USD/MMBtuNatural Gas2.87USD-19.38-6.51

Country USD Yields Ordered By YTD Yield Change

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countryYieldYieldChange
Bermuda19.1910.54
Zambia12.205.81
Argentina9.824.09
Jamaica9.993.88
Lebanon10.623.31
Tunisia8.552.76
Ukraine8.791.99
Turkey7.331.92
Kazakhstan6.581.86
Sri Lanka6.681.76
Gabon7.621.57
Italy6.521.54
Ecuador8.191.31
Oman6.011.27
India5.821.24
Cote D'Ivoire (Ivory Coast)6.921.21
Senegal6.621.10
Ghana7.071.02
Bolivia5.850.87
Russian Federation5.310.81
Ethiopia6.620.81
Egypt6.570.79
Lithuania3.200.73
Costa Rica6.750.73
Switzerland7.870.73
Romania4.020.69
Pakistan6.830.69
Serbia3.840.67
Kenya6.360.67
Trinidad and Tobago4.840.67
Singapore4.630.60
Nigeria6.450.57
Mexico5.100.57
China5.250.57
Morocco4.500.55
South Africa5.470.54
United States5.970.52
Hungary3.760.51
El Salvador7.030.51
Uruguay4.190.48
Indonesia4.400.47
France7.120.45
Slovak Republic2.910.43
Supranational4.000.43
Thailand4.160.43
Hong Kong4.380.41
Malaysia4.000.40
Poland3.050.35
Kuwait3.960.35
Peru4.440.33
Dominican Republic5.160.33
Belgium5.730.33
Chile4.650.32
Saudi Arabia5.030.32
Croatia (Hrvatska)3.580.30
Panama4.400.29
Philippines3.710.29
Australia4.970.27
Jordan6.440.26
Taiwan3.640.19
Paraguay5.340.18
Vietnam3.890.18
Guatemala4.900.17
Macau5.190.16
Iraq6.540.15
Netherlands5.000.15
Finland4.190.15
United Kingdom4.680.14
Israel5.530.12
Qatar3.930.12
United Arab Emirates4.390.11
Colombia4.600.09
Angola7.060.08
Azerbaijan4.75-0.01
Ireland5.13-0.03
Korea (South)3.62-0.08
Mongolia5.31-0.11
Brazil4.97-0.18
Canada5.47-0.21
Sweden3.79-0.25
Germany4.81-0.33
Bahrain5.85-0.45
Luxembourg7.95-1.34
Venezuela0.00-53.30
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CHINA Stocks rise as US-China trade talks restart, S&P 500 heads for best ...

Sector Performance in CHINA Last Month

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sectorPeriodChange
Information Technology17.85
Health Care13.54
Consumer Staples12.33
Real Estate9.82
Consumer Discretionary9.37
Communication8.86
Financials8.50
Industrials5.64
Materials5.01
Utilities4.54
Energy4.46

Valuation and Growth of Various Sectors in CHINA

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422
  • Asia-Pacific equities gain as US-China trade talks resume
  • Asian stocks gain on hopes of progress in US-China trade talks
  • Hunting for Gains in Asia Stocks as Market Despairs on Growth
  • Foreigners Dump Most China Stocks on Record as Rally Falters
  • China stocks and yuan may have more room to rally, says strategist
    3ff
  • Ahead In April: Start Of Q1 Earnings, Jobs Report, Ongoing US ...
  • Huawei's profits soar by 25% despite US efforts to brake its growth
  • Yum China (YUMC) Surges 28% In a Year: More Room for Growth?
  • Negative earnings growth will weigh on economy: Morgan Stanley
  • Should You Buy China Mobile's Post-Earnings Dip?
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  • China shares keep falling as trade headwinds blow
  • After Market: Titan tops Rs 1 lakh cr m-cap; 84 stocks look ready to ...
  • Does Market Volatility Impact China ITS (Holdings) Co., Ltd.'s (HKG ...
  • As China ETFs Surge in 2019, VanEck's 'CNXT' is Up 33% YTD
  • China liquor maker Moutai posts 30 pct rise in 2018 net profit on ...

    Link to CHINA Macro Page

    CHINA country trades at 2018 simple average 1d PE Fy1 of 11.0 x and 2018 47 PE Fy2 of 10.8 x

    CHINA country trades at 2018 simple average 20 EV/EBITDA of 6.4 x and 2018 15 EV/EBITDA of 6.3 x 41

    In terms of Dividend yield CHINA country trades at 2018 12 Yield of 2.8 % a and 2018 4d Dividend Yield of 3.1 %

    On ROE basis CHINA country trades at 2018 1a ROE of 9.9 % and 2018 51 ROE of 10.7 %

    Largest Companies in CHINA by Market Capitalisation mn$

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    TickerCompanyCountryIndustrySubIndustryMarketCapUSDmn
    BABA USAlibaba Group Holding LtdCHINASoftware & ServicesInternet Software & Services472140.4
    700 HKTencent Holdings LtdCHINASoftware & ServicesInternet Software & Services448731.2
    1398 HKIndustrial & Commercial Bank of China LtdCHINABanksDiversified Banks292251.8
    939 HKChina Construction Bank CorpCHINABanksDiversified Banks225228.4
    2318 HKPing An Insurance Group Co of China LtdCHINAInsuranceLife & Health Insurance207109.4
    857 HKPetroChina Co LtdCHINAEnergyIntegrated Oil & Gas202374.9
    1288 HKAgricultural Bank of China LtdCHINABanksDiversified Banks192383.4
    3988 HKBank of China LtdCHINABanksDiversified Banks158511.2
    3968 HKChina Merchants Bank Co LtdCHINABanksDiversified Banks120717.5
    2628 HKChina Life Insurance Co LtdCHINAInsuranceLife & Health Insurance111834.9
    386 HKChina Petroleum & Chemical CorpCHINAEnergyIntegrated Oil & Gas107118.2
    883 HKCNOOC LtdCHINAEnergyOil & Gas Exploration & Produc78602.3
    3328 HKBank of Communications Co LtdCHINABanksDiversified Banks67337.1
    BIDU USBaidu IncCHINASoftware & ServicesInternet Software & Services59647.1
    1088 HKChina Shenhua Energy Co LtdCHINAEnergyCoal & Consumable Fuels58927.6
    1339 HKPeople's Insurance Co Group of China Ltd/TheCHINAInsuranceProperty & Casualty Insurance57630.1
    3333 HKChina Evergrande GroupCHINAReal EstateReal Estate Development48733.5
    728 HKChina Telecom Corp LtdCHINATelecommunication ServicesIntegrated Telecommunication S44744.8
    998 HKChina CITIC Bank Corp LtdCHINABanksDiversified Banks42402.3
    6030 HKCITIC Securities Co LtdCHINADiversified FinancialsInvestment Banking & Brokerage41286.3

    Number of Companies in CHINA by Country by SubIndustry and Market Capitalisation mn$

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    CountryIndustrySubIndustryNumber of companiesMarketCapUSDmn
    CHINAUtilitiesGas Utilities111462.1
    CHINAUtilitiesIndependent Power Producers &221588.9
    CHINAUtilitiesRenewable Electricity28754.6
    CHINATransportationAirlines233127.0
    CHINATransportationHighways & Railtracks212144.5
    CHINATransportationMarine212858.4
    CHINATransportationAirport Services14281.2
    CHINATelecommunication ServicesIntegrated Telecommunication S251203.2
    CHINATechnology Hardware & EquipmenCommunications Equipment117052.7
    CHINATechnology Hardware & EquipmenTechnology Hardware, Storage &110698.5
    CHINASoftware & ServicesInternet Software & Services4980518.8
    CHINASemiconductors & SemiconductorSemiconductors3330.1
    CHINASemiconductors & SemiconductorSemiconductor Equipment14016.6
    CHINARetailingDepartment Stores38325.4
    CHINARetailingComputer & Electronics Retail12032.2
    CHINARetailingAutomotive Retail15232.1
    CHINAReal EstateReal Estate Development9123565.9
    CHINAPharmaceuticals, BiotechnologyPharmaceuticals12256.2
    CHINAMaterialsAluminum216029.2
    CHINAMaterialsGold1033963.9

    Top Companies CHINA by Dividend Yield

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    TickerCompanyCountryIndustrySubIndustryDividendYld_fy1
    2777 HKGuangzhou R&F Properties Co LtdCHINAReal EstateReal Estate Development10.9
    3377 HKSino-Ocean Group Holding LtdCHINAReal EstateReal Estate Development10.7
    3333 HKChina Evergrande GroupCHINAReal EstateReal Estate Development9.3
    3383 HKAgile Group Holdings LtdCHINAReal EstateReal Estate Development9.1
    386 HKChina Petroleum & Chemical CorpCHINAEnergyIntegrated Oil & Gas7.9

    Cheapest Companies in CHINA on FY1 PE

    TickerCompanyCountryIndustrySubIndustryPE_fy1
    2777 HKGuangzhou R&F Properties Co LtdCHINAReal EstateReal Estate Development3.7
    3377 HKSino-Ocean Group Holding LtdCHINAReal EstateReal Estate Development4.1
    1988 HKChina Minsheng Banking Corp LtdCHINABanksDiversified Banks4.2
    489 HKDongfeng Motor Group Co LtdCHINAAutomobiles & ComponentsAutomobile Manufacturers4.3
    3323 HKChina National Building Material Co LtdCHINAMaterialsConstruction Materials4.3


    Earnings Relises and Dividends

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    Top CHINA Bonds

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